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English 55
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KICU
Jan 15, 2013 4:00am PST
announcement while rumors swirl about dell going private. in today's cover story - can't we all just get along? how partisian politics are affecting legislation on capitol hill. the economy according to ben bernanke - what the fed chair has to say about the state of the country's finances. and, how automakers are setting a new pace for competition. plus, traders who are sweet and sour on apple. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's tuesday, january 15th. in today's first look: as facebook makes its big reveal on its new product today, shares briefly climbed above $32 yesterday. bloomberg news reports dell is in talks to end its trading days and go private. federal regulators order jp morgan chase to improve its risk management after losing billions in trading last year. and american airlines bond holders meet today to weigh in on whether the airline should merge with u.s. airways. ira epstein of the linn group joins us now. always a pleasure to have you on the show. what is going o
CNBC
Jan 15, 2013 4:00am EST
for discussions about dell going private. we'll have that discussion at 5:20 eastern time. before that, we'll head over to singapore to talk iron ore as rio tinto says it's boosting production by 15% this year. >>> meanwhile, just over an hour and 10 minutes into trade in europe, on the dow jones stoxx 600, 50/50. or 300/300, depending how you want to view it. we had a pause last night. right now, we're down .04%. the ftse 100 down 0.0 %. the xetra dax down 11 points, ibex down 71 points and 40 down 1.5 points. italy slightly higher on the bund yields. sannish yields back over the 5% mark. on the currency markets, euro/dollar is at 1.3361. dollar/yen pulling away from its nine-month highs at 88.70th at the moment, as well. that's where we stand in europe. sixuan has more for us from singapore in the asian session. >> sure. thank you, ross. asian markets were a bit of a mixed bag. the shanghai composite gained .6% after yesterday's 3% job. since then, numbers were boosted by china's top security official who said beijing could lift the quota for investors to invest in the mainland markets by as muc
CNBC
Jan 15, 2013 12:00pm EST
." for whom the dell tolls. will the company go private? the company said it could happen. lululemon shares fall. time to buy or grab your yoga mat and go home? we're watching shares of facebook at this hour as we countdown to the big announcement. julia boorstin with the latest. first, apple cored? spending much of the session below $500 a share, where is the next stop? we're trading it and the day's other big stories with mike murphy, joe terranova, jon najarian along in just a minute. what's the significance of where apple sits right now breaking below 500? >> i think the significance is, my comments on november 15th when i called this a generational buy, be it was f l foolish to do so. how do you trade around what is going on right now with apple? buying 525 callses on thursday when the stock opens higher. i feel that's the right trade. i don't want to trade the name right now. i want to invest in it but clearly something is wrong with the stock of apple. not the fundamentals but the stock of apple. where the support is, i don't think anyone truly knows. >> the most valuable company on
CNN
Jan 15, 2013 2:00am PST
tagline new meaning. remember this? >> you, you're getting a dell. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. [ sigh of relief ] i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but
FOX Business
Jan 15, 2013 3:00pm EST
30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask
CNBC
Jan 14, 2013 7:00pm EST
's a lot of chatter today about dell. at one point it stopped trading 9 and 12 and change. let me give you my feeling on dell. michael dell is a man with integrity who is fed up with the stock. they have moved dramatically away from pc. 50% of the business is overseas and they do a lot of enterprise work. i think michael dell is a motivated person who may actually do something to bring out value. even though typically i would not recommend the stock on a takeover basis, dell is very cheap and i think if it sells off, don't worry about it. dell may actually be right here. just for you, right here on "mad money," i'm jim cramer and i will see you tomorrow! >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." it's getting nasty again. today, president obama promises not to compromise on the debt ceiling. as usual he demonizing -- demonizes republicans for hurting our elderly and the troops. meanwhile the white house won't deliver its own budget in time and still wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all.
CNBC
Jan 15, 2013 4:00pm EST
competitive threat. microsoft though, a winner with its new partnership with the social media firm. dell and its possible plans to go private. that's another story that we continue to track in the tech space. that stock seeing heavy volume in today's trade as more reports circulate and speculation rises. retail, a pocket strength with express. that's the teen retailer leasing the pack after upping its guidance and better than expected retail sales for december. that also helped gap among others move higher and another bright spot to take "new york post." biotext, specifically the biotech players that specialize in the anti-obesity drugs. positive commentary from last week's jpmorgan health care conference seems to be helping the stocks move higher and lastly aside from that, the financial stocks providing leadership as well ahead of tomorrow's big day of earnings. jpmorgan, goldman sachs on tap and speaking of earnings, maria, ebay also set to report on wednesday. the street looking for an eps of 69 cents on revenue of $3.9 billion. >> back to you, seem a. thank you. >> new troubling inf
CNBC
Jan 15, 2013 6:00am EST
>>> good morning. today's top stories, dell reportedly holding talks to go private. jpmorgan has ordered to fix lapses in its risk management and fed chairman bernanke has a warning for congress. raise the debt ceiling or put the u.s. economy st. at risk. it's tuesday, january 15th, 2013 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the u.s. equity futures and at least at this point you can see they do look like they're indicated to open a little lower. right now, dow futures down by about 16 points below fair value. the s&p futures are about 2 points below fair value. we have some different nebs going on at the top of the screen than we do on that fair value board. we'll check on that, as well. >>> dell is said to be in talks with private companies in reports of a possible guyout. the journal says jpmorgan is involved in the negotiations. dell shares have been soaring near an eight-month high on first word of this news yesterday. you can see u
CNBC
Jan 15, 2013 6:00pm EST
the break. thank you, sir. buy dell or not to buy dell. dell does go private i think it will be at roughly almost 15. they broke the news this afternoon that they would like to do a deal at 14 or a15. there is only so much cash flow to go around to continue if the deal was done. he will not do a deal that could hurt the long-term fortunes of his company. because there isn't enough earnings for them to keep it up here. even though it is deal that has been the company. those fortunes have been spent to design systems that are loved by governments. and that is terrible. plus we know that the enter price that has been ruled by the crowd. it is funny when the stock was only at 11 i thought what an opportunity. but as it got closer to 13. if you owned it you need to sell it if it goes closer to 14 tomorrow. let's talk about if the stock goes back to 10. at that time remember half of dell's business is global. it isn't including the possibility that we develop a tax regimen in this country. but that has to happen and it doesn't include the notion that you and i haven't thought of. a wealthy playe
CNBC
Jan 15, 2013 9:00am EST
. >>> the debate kicks off whether dell can, a, raise the money to go private, and b, reinvent itself without going through cash flow. the journal said the talks have been serious for weeks. >>> lululemon doing a downward dog this morning. raises guidance but not enough to impress investors. >>> the battle over the debt ceiling has warranted a warning from fitch. they said it will prompt a formal review of u.s. credit ratings. fitch does add it expects congress will ultimately approve a ceiling increase. the head of global sovereign ratings for fitch, david riley, will join us in the next hour. bernanke weighing in on the debt ceiling in michigan late yesterday. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit rating. >> the metaphors,
ABC
Jan 14, 2013 4:00pm PST
president. >>zkymÑ on to business news now. dell may be going private and hairs of apple dropped today. >> emily chang is live with that and more in the bloomberg after the bell report. hi, emily. >> good afternoon, larry, carolyn. shares of apple diving hitting the lowest noint nearly a year, falling below $500 a share to $498.51 then rebounding at the end of the day, butf&.t still dn nearly 4%. for the session. this coming as japanese media reports apple has cut orders for iphone parts frf suppliers. saying apple has only ordered about half of the 65 million iphone 5 displays. that is according to an unnamed executive at a company. and bloomberg news learned that dell is in talks to go private according to people familiar with the matter dell talking about a phone shall deal with two ply vit firms and big banks have been contacted about financing. it would be the biggest leverage buyout in six years with dell market cap at more than $21 billion. and hewlett-packard is back on top of the shrinking pc market. a research firm says the share was more than 16% last quarter retaking the le
CNBC
Jan 14, 2013 11:00pm EST
even consider dell part of this trend. yes, dell, the big service company that has been hurt by this rapid expansion at a time when no one trusted overseas markets. now dell might actually go private. ♪ hallelujah and it would make sense because half of dell's revenue comes from overseas. big companies with exposure to europe is doing terrifically. both have been kept back by worries. both ceos have said over and over, it's an issue. how about ford and general motors? have you seen these two? ford may have the best chart in the book. it's screaming. company doubled its dividend and getting european losses under control while china and latin america turned the corner. the darn stock has never looked back. shares in the open market to work its way out of its position, both ford and gm have been kept back by international headwinds and now there is tail winds. the most obvious difference between 2012 and 2013 is the banks. huge increase in the finances and no exposure to europe. now it's santander, the huge spanish bank, of all places. it's been on a roll. spain may not ask fo
CNBC
Jan 15, 2013 1:00pm EST
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CNBC
Jan 15, 2013 5:00pm EST
to headquarters, check in with bertha. >> david faber confirming that dell is in talks for a leverage buyout, that would value dell shares between $13 and $14 a share. sources telling david that the equity investments from potential investors would be roughly $2 billion. debt financing seen as oversubscribed. the deal would contemplate repatriation of some of its cash from overseas. michael dell would also have some skin in the game. he could be seen investing some fresh money in the deal. he has a 4.5 billion take in terms of shares in the company. the dell deal, he says, could be final iltzed within a couple of weeks. dell, he says, has been talking about an lbo since this past summer. melissa? >> all right, thank you, bertha. we want to go to mike in the options desk. mike, what's striking about this number is that it is significantly lower compared to what the street was anticipating. jeffries, $15 to $17. where were the options traders playing? >> i think they were probably more in line with david's numbers, actually. we saw a lot of calls trading today. some of the 12 1/2 and 13 1/2 st
FOX Business
Jan 15, 2013 4:00pm EST
orders and the demand may be dwindling. liz: on the flipside, dell continued to move higher. continuing buyout offers, once again the stock has been on the move. comparing to what it was in 2000, not even close. nicole: over 52 weeks, over 2000, that is a long time ago. it really has been a dog. of almost 20% on the buyout. david: facebook was so excited, the internal search. guess what, they also got news they lost about 1.5 billion subscribers and the stock is plunging. nicole: it went back and forth, broke down below $30. the news came out. liz: there go the bells on this tuesday as we take a look and see how stocks are faring up. dow jones industrials. at 3:00 p.m. eastern, suddenly we hit the highs of the session pointing to the upside. the nasdaq can't quite make it. apple represents 10% of the nasdaq 100. down two to 3% the last couple of minutes so we are watching that very closely. david: facebook not helping the nasdaq either. let's take a look at natural gas, if we could. actually doing quite well today, coming back again after a very serious drop for most of the year, but ev
FOX Business
Jan 15, 2013 6:00pm EST
? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. gerri: it's one of the biggest falls from grace in sports history. lance armstrong. in a sitdown interview with oprah winfrey admitted two years of doping. what is n
FOX
Jan 14, 2013 5:00pm PST
at 10:00 a.m. and ktvu channel 2 news will be there. >>> dell is in buy out talks that could take the company private. dell is in negotiations with two private firms. the talks are preliminary and could fall apart because they may not be able to line up the financing. dell lost a third of its value last year and been trying to regain ground in the pc market. >>> new study is challenging a finding that links marijuana use among teens to a decline in iq. in the sudy researchers found -- study researchers found a drop in participates who were dependent on pot by 18. now a researcher is questioning the evidence and says an explanation for the iq decline could be socioeconomic factors. the authors say new tests they have conducted rule out that theory. >>> check out the new pictures. a first look at the newest versions of the new chevy corvette. chevy is bringing back the name stingray. gm says the car is new and only uses two parts from the current corvette. this comes out during a good period. they sold 14 million vehicles last year. that is the highest number since 2007. >>> a big p
PBS
Jan 14, 2013 4:30pm PST
it seems the reviews are generally positive. suzanne pratt, "n.b.r.," new york. >> susie: dell stock also making news today, on reports the company is in talks with private equity firms regarding a potential buyout. investors snapped up the stock: dell shares posted their best day in months, rising 13% to $12.29 a share. dell had no comment on the report. >> tom: still ahead, tonight's word on the street: facebook. the social network promises a mystery announcement tomorrow, how friendly could that be for shareholders? >> susie: stocks are up so far this year, but adam parker expects the markets will close flat for 2013. he's chief u.s. equity strategist at morgan stanley. so adam why so gloomy so, many strategists are much more positive than you are. what is your thinking? >> well, look, we have a more cautious earnings outlook than i think some of our peers. the macroeconomy is not that strong right now. and corporate earnings aren't growing that much. i think that is the root of our near-term caution. >> susie: on earnings also you're not so upbeat. are you looking for them to be flat-
KRON
Jan 15, 2013 6:00am PST
with large ships. >> said index futures point to a slightly lower opening on wall street this morning. dell shares rose 13% during the trading day yesterday on reports that the computer maker could be taken private. world's fair is stalled near 18 month highs and safe haven treasuries are trading higher today after a warning from federal reserve chairman ben the fraternity. he why the economic recovery is at risk for the metal to rise at the nation's borrowing limit. the united states is back to run out tools to avoid a default between mid february and early march. >> lodging gas prices this morning as the national average for regular gallon of gas continues to rise. but we here in the bay area we haven't seen much of a change the prices. and sampras is 03 $67 cents an oakland $3.59 and is san jose $3.58. >> as most bay area residents pick up their first paycheck of the new year many will be wondering why their check a smaller. that is because the payroll tax holiday is over as part of the economic stimulus plan. all americans sought a 2 percent cut in their social security payroll tax was
CNBC
Jan 15, 2013 3:00pm EST
. >> told we have some breaking news on dell. uh-oh, what's going on? >> david faber has been working the story and has confirm some of the details out there in terms of jpmorgan advising dell silver like partners appears to be the driving force in terms of private equity firms looking to make an investment in dell and perhaps take it private. another factor, a canadian pension fund also looking perhaps to take a major stake there. dell at the highs of the day, monster volume today on dell, bill. over 131 million shares. that's well over four times the average daily volume over the last ten days and it's spiked in volume with all the speculation. >> and a tremendous amount of skepticism that they would even be able to figure out a leveraged buyout. >> shares of a seven and a half month high. >> all right, bertha. thank you very much. as we head towards the close here, we've got the dow up 32 points at highs of the session. is the stock market set up for a fall though with fitch warning on america's credit rating due to the debt ceiling fight? our market pros will weigh in on that, plu
FOX Business
Jan 15, 2013 9:20am EST
much the pc market is really struggling. dell to go private, question mark? we'll have the opening bell for you right after this. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lifelock, as soon as our network spots a threat to
FOX Business
Jan 15, 2013 11:00am EST
that is not so great. back to you. connell: time to make some money with charles payne. dell turned into a huge storage yesterday. dagen: shares up again yesterday. looking to go private. charles: it has been written up that tpg and silverlake may team up. the biggest i think was 2005. i do not think money will be an issue. i think there is a lot of credibility. you know, he is not the kind of guy, he is not a greed driven god. he could have easily pocketed a billion dollars. by the same token, you guys remember when he had that big tax fight with alston because there had never been a house that big in austin. i do not think it was funny. i think michael dell probably wants to find a way to retool this company. dagen: that is the central question. what can you do as a private company as a public company. >> that would be a typical bill. the thing is, you know, could you afford the bump in the road that comes -- listen, we have to take a pit stop. we have to pull this bad boy over. when it comes to the stock market, the stock can go down. [talking over each other] charles: i am not sure right no
FOX Business
Jan 15, 2013 1:00pm EST
. melissa: for whom the bell tolls, charlie gasparino is here next with new details on dell. take a look at some of today's winners and losers on the s&p 500 as we head out to break. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of new york stock exchange. nicole petallides is standing by and she is watching homebuilders for us. >> it is a great group, melissa, to take a close look at right now. pulte group and meritage have up arrows. kb home, lennar and hovnanian are pulling back. lennar we'll focus on here. they came out with their numbers. the stock is down 2%. don't be fooled. the shares surged over 85% in the last 12 months. they came out with a quarterly report that beat the street on revenue and earnings and a nice outlook. the ceo is looking f
MSNBC
Jan 15, 2013 2:00am PST
anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>> welcome back. here are some stories making news this morning. in a monday afternoon press conference, president obama said that he would not negotiate on the debt ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of tr
FOX Business
Jan 15, 2013 5:00pm EST
, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives in his mom's basement and loves playing "world of warcraft". i don't get why this is so great, right? that is 40% of the facebook. investors were also not impressed. facebook shares slipped 3%. >>> we start with a story everyone is talking about today. can lance armstrong rise again. after years of repeated vehement denials, he was vehement, the disgraced cyclist finally comes clean admitting to oprah winfrey he did in fact take performance-enhancing drugs when he won all seven tour de france titles. believe it or not, oprah says it was surprisingly candid admission. here is what she said. >> i think i went in prepared to have to dig and pull and reference because i was literally in my head on page 76 of the reasoned dec
NBC
Jan 15, 2013 5:00am PST
that it is cutting component costs. dell took other pc makers higher on a ride higher on word it is in talks with several private equity firms. we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care coverage and missing a payment on a major bill not including a mortgage. consumer reports say americans will be confronted with a smaller paycheck this month. that's the latest. back to you. >> thank you much. paypal expanding. you can use it to buy the orange dream machine at jamba juice. you will be able to order a dream machine ahead of time on your iphone. not sure what we're seeing here. i don't know. so any way you'll be able to pay with it by paypal and walk in
FOX Business
Jan 15, 2013 12:00am EST
expected demands. and shares of dell soared 13%. the pc maker in talks of a possible buyout. now to our top story ready to dig into your wallet. u may be hit with a 50% jump in your health care premiums thanks to obamacare. a recent report shows premiums will skyrocket 54% on average. within five years there are already about $3000 higher than they were four years ago. here with the prognosis and how this will hit home and the economy is the money panel. welcome to all three of you. thank you for joining us. i thought this was pretty shocking because they dug in and said if you take a look at this a lot of spots going up by more than 50%. a lot of people saying the paycheck is smaller because the health care premiums have gone up so much. why is this happening so quickly? >> a couple of reasons, one is insurers will be faced with this whole idea of community-based guaranteed issue, so ahead of the storm they're going to have to raise premiums in terms of making up for the lost revenue, that is a big component of that. the second component is the dynamics of obamacare has set in motion some
CNN
Jan 15, 2013 11:00am PST
expected them to be, but there is a catch. and dell could be ready to go private. let's start with credit. ratings agency fitch warns that washington's dysfunction could cost the u.s. the aaa credit rating it still has with them. that is if congress doesn't come up with what it calls a credible medium term deficit reduction plan. understand that fitch is not just looking for an 11th hour debt ceiling deal that sets the table for another mini crisis down the road. the federal government hit the debt limit as you know on december 31st. the treasury is using so-called extraordinary measures to pay its bills through mid-february or early march. now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful bu
NBC
Jan 15, 2013 4:30am PST
pointed out apple weighing on tech on reports that it is cutting component costs but dell took others higher on talks it's in talk with several firms. we get a trio of federal reserve officials speaking out about the economy today. the dow rising 18 points in yesterday's trade and nasdaq slipping eight to close at 3117. here's our top story. treasury secretary tim geithner is calling on congress to raise the debt ceiling. in a letter to lawmakers geithner says it could cause harm to the u.s. economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47.
ABC
Jan 14, 2013 6:00pm PST
jens jones went up and dell gained 13% on reports it may go private. >> rumors flying over a news conference called for tomorrow by facebook. the speculation is that they may be ready to announce a new data center and an ipad version of facebook messenger or perhaps video ads. >> inkreeging. anyone who owns a car knows that it's expense dwroif register a vehicle. >> so when the dmv asked a woman to pay more than twice than she owed she for help with this. >> we may pai a lot of fees here in california. among them, vehicle license fee. the higher the price, the higher the fee. now in, san francisco this woman noticed dmv recorded the wrong price for the car. kailt katie collins used to pay $25 a year to register her bmw in oregon n california she knew she'd have to pay more, but 26 times snore. >> i went to register the vehicle. and i noticed the fee was high. >> katie was stunned when the department of motor vehicles charged her 654ses today register her car. that seemed high.ebl even for california. >> immediately i went on the web site to double check the number. since i'm an ac
CBS
Jan 14, 2013 5:30pm PST
business challenge, dell has the technology and services to help you solve it. >> pelley: former president george h.w. bush was released from a houston hospital today, nearly two months after he was admitted for the treatment of bronchitis. mr. bush is 88 years old. just last week, he and his wife barbara celebrated their 68th wedding anniversary. the flu is sending more americans to the doctor. the c.d.c. says that nationwide 4.3% of all doctor visits are now flu-related. 47 states are reporting that the flu is widespread. only california, mississippi and hawaii are not on that list. but california may well be next and ben tracy is in los angeles tonight. >> we certainly started to see an uptick over the last three weeks, i would say. >> reporter: dr. rea murthy is the director of epidemiologist at cedars sinai medical center in los angeles. during the first week of december, not a single flu patient was admitted to cedars. last week they admitted 20. >> we've seen mostly about 15 to 20 a week and half of those are hospitalized patients. >> reporter: is that a significant jump? >> that's
MSNBC
Jan 15, 2013 2:30am PST
're expecting less sales in the first quarter of 2013. a little better news for dell, 13% as the struggling pc maker looks like it may well be in talks with a couple private equity guys to potentially take the company off the market and go private. >> steve, let me ask you about walmart. yesterday they announced their plans to hire any military veteran who wants a job. amazing story. how many jobs do they expect to give out? >> yeah, this could be 100,000 jobs over the next three years as well. michelle obama was right in saying this is absolutely historic. and it goes back to the fact that veterans have a higher unemployment rate than the broader nonveteran population. it was 12% previously, got down to 10% in 2012, but that compares with nonveterans who have an unemployment rate of 7.9%. if it comes through, it could mean 100,000 new jobs at walmart and would be historic. they already employ about 100,000 veterans out of a total work force of 1.4 million. back to you, bill. >> a great story. cnbc's steve sedgwick live in london. >>> shoot us an e-mail why you're awake waytooearly@msnbc.com.
CNN
Jan 15, 2013 4:00am PST
on time. we're seeing some big moves in tech stocks, pc maker dell could go private, pushing the stock up in the premarket this morning, the rumors pushed the stock up 13% yesterday. dell's been struggling for years, once the pc king, it failed to get into the tablet and smartphone space and apple shares dived when it was a report iphone 5 sales could be falling off. >> that's surprising. >> if you look at my friends everybody likes the bigger screen. >> i thought you were going statistics. >> it's everything to do with samsung and less what the iphone looks like. >> people seem to like the bigger screens. i-phone is a tiny, tiny screen. >> can i get you on the record, in the end, will house republicans agree to raise the rate ceiling? >> i think they will find a way to do it, let's put it that way and i would urge everybody to -- >> you're not in congress anymore, come on. >> no, i think -- >> you are very moderate. >> will they get obama to make more spending cuts? >> i think we need the president's leadership on that and that was an element missing in yesterday's press conference. debr
FOX Business
Jan 14, 2013 9:00pm EST
your business challenge, dell has the technology and services to help you solve it. we brought you on because you ran a campaign. >> to end the repeal but now what? >> what obamacare was passed we knew it had a horrible flaws but with the failure of the individual mandate pointed out 2009 it is a partisan attack. a big john was thrown out by a supermajority of the supreme court as unconstitutional was partisan. we knew this in 2009 as obamacare was implemented you will see parts that will not work and we knew that in 2009. gerri: this is the penalty if you don't have coverage. 2014 is 1% of the income. 2015 2.5% excuse me. it is 2%. insurance companies say it takes a while then you have to make up the difference. already we have seen premiums goes to the roof. gerri: day president promised us we could keep our doctor and that is not true. >> so many things we knew they would turn out not to be true. it will increase the cost. people don't have to change their policy? tens of millions of americans will have to. individual mandate is not the tax? that is how it was passed by the supr
FOX News
Jan 14, 2013 5:00pm PST
information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. a oo liberal columnist dave keller and carr criticized their onus in westchester county gently for printing the names and addresses of people entitled to own firearms. juan williams defended them while others stood by aghast. mary katherine still looking aghast. i will start with you. looks like juan is almost alone now in the defense of this dopey newspaper. what do you think is going on with williams? >> there's a long answer but we will cut to the chase. these are first semester journalistic efforts. so basic even the new york times has this. this is me agreeing with the new york times. it is different often between things that are public and whether they are news worthy whether you should be pairing those things in the newspaper.
FOX News
Jan 15, 2013 3:00pm PST
... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, i've got two tickets to paradise!l set? pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >> bret: in international news, pair of explosions rocked the main university in syria's second largest city today. activists say at least 80 people were killed in aleppo. the blast occurred near the university's dormitories. it's unclear whether they were caused by bomb set off by rebels or shells fired by government forces. diplomats say a new round of nuclear talks between iran and six world powers could still happen this month. meanwhile, a team of united nations inspectors left
MSNBC
Jan 14, 2013 7:00pm PST
business challenge, dell has the technology and services to help you solve it. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ quattro!!!!! we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >>> it has been one month since i lost my son, dylan, and 25 other families lost their loved ones, i still find myself reaching for dylan's hand to walk through a parking lot or expecting him to crawl into bed beside me for early morning cuddles before we get ready for school. >> i'm ana's mom, on friday, i put two children on the bus and only one came home. i pray that no father, mother, or grandparent ever have to go through this pain. >> those are two of the mothers who lost their children
MSNBC
Jan 14, 2013 10:00pm PST
challenge, dell has the technology and services to help you solve it. introducing a revolutionary new mascara. clump crusher...crusher. 200% more volume. zero clumps. new clump crusher from easy, breezy, beautiful covergirl. from easy, breezy, beautiful ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? because vitamin d3 helps bones absorb calcium, caltrate's double the d. it now has more than any other brand to help maximize calcium absorption. so caltrate women can move the world. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the
CNN
Jan 14, 2013 10:00pm PST
challenge, dell has the technology and services to help you solve it. whatever your business challenge, alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. >>> for the newtown families, there's been no map to help them through their grief, through their pain and loss, but they haven't been alone. soon after the shooting, letters began arriving. a flood of letters, literally from around the world. what happened a month ago was felt across the globe. here's gary tuchman. >> reporter: since the shootings one month ago, more than 150,000 condolence letters have been sent to newtown. and these are the volunteers who open and read them. >> i am a former public sc
FOX News
Jan 14, 2013 10:00pm PST
-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> okay, well, get this one. an ohio teacher says she suffers from a crippling fear of young children. she was okay teaching high school, but recently reassigned to the junior high and she's afraid of the younger students and now she's suing the school district for discrimination. and back from the dead, i think, former prosecutor jim hammer and washington defense lawyer, bernie and ted. ted, i'm going to start with you. this woman says she has pediphobia and she's chosen the occupation of teaching. >> that's the question he, why would she choose the occupation of it teaching. it's real and it's-- ted, and-- >> i've got to get this out. i've got to get it out. what happened is this school district had this woman independently tested in 1997, found out that she did in fact suffer from this, and all of a sudden. >> greta: you know what we're going to have a screening on you, we're going to have a screening on you. >> hold on, guys, we get to 2009 and she goes to some of the parents, t
MSNBC
Jan 14, 2013 5:00pm PST
? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. >>> thanks for staying with us tonight. today mashes the one month anniversary since a gunman murdered 20 first graders and six adults at sandy hook elementary school. now in the past month, here is what we have gone through. gun sales have absolutely skyrocketed. the nra has refused to compromise. the vice president of the united states has conducted a wide ranging search for solutions. today president obama renewed his call for common sense gun measures. >> are there some sensible steps that we can take to make sure that somebody like the individual in newtown can't walk into a school and gun dow a bunch of children in a shockingly rapid fashion? and surely we can do something about that. >> the president mentioned the need for stronger background checks. he wan
MSNBC
Jan 14, 2013 8:00pm PST
? ♪ whatever your business challenge, dell has the technology and services to help you solve it. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> and we are back. today president obama addressed a real element of the conversation about guns when he was asked about the long lines at gun shows since the newtown shooting. here is what he had to say. >> those who oppose any common sense gun control or gun safety measures have a pretty effective way of ginning up fear on the part of gunowners that somehow the federal government's about to take all your guns away. and there is probably an economic element to that. it obviously is
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